Mining

mining

Sunrise Secures $30M for Scandium Mine Development with Friedland Support

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Sunrise Energy Metals (ASX: SRL), an Australian scandium developer, is raising A$46 million ($30 million) through a share placement to fund pre-construction activities at ...

mining

Gold Prices Decline as Market Anticipates Fed Rate Cut

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Gold prices fell on Monday, with spot gold trading at approximately $4,069 an ounce, a 0.3% decrease, while US gold futures were around $4,071, ...

mining

Elliot Acquires Significant Stake in Barrick Gold

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Elliott Management, a US activist hedge fund, has acquired a significant stake in Barrick Gold (TSX: ABX, NYSE: B) amid speculation of a potential ...

mining

Equinox Gold Achieves Commercial Production at Valentine Mine

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Equinox Gold has begun commercial production at its Valentine mine in central Newfoundland, marking it as the province’s only operating gold mine. The announcement ...

mining

Top 20 Gold Projects Around the Globe Ranked

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Seabridge Gold’s KSM Project in northwestern British Columbia leads the global gold landscape with 88.7 million ounces of contained metal. The project has received ...

mining

MP Materials Experiences Surge Following Saudi Arabia Rare Earth Partnership

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MP Materials (NYSE: MP) has announced a joint venture with the U.S. Department of War and Saudi Arabia’s Maaden to build a rare earth ...

mining

IGO Dismisses Prospects for WA Lithium Refinery Development

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IGO (ASX: IGO) announced it has no confidence in the recovery prospects for the Kwinana lithium hydroxide refinery in Western Australia, owned by Tianqi ...

mining

Rio Tinto Reduces Alumina Production in Australia

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Rio Tinto plans to reduce output at its Yarwun alumina refinery in Queensland by 40%, equivalent to about 1.2 million tonnes per year, effective ...

mining

Friedland Launches $2 Billion Platreef Mining Project in South Africa

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Billionaire Robert Friedland’s Ivanhoe Mines officially opened its Platreef platinum mine on October 29, 2023, with South African President Cyril Ramaphosa in attendance. This ...

mining

Fortuna Increases Indicated Ounces at Séguéla Twofold

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“`html Fortuna Mining has announced a significant increase in reserves and resources at its Séguéla gold mine in Côte d’Ivoire, reporting an 11% rise ...